SSC MTS EXAM

Detailed explanation-1: -A multinational corporation or MNC is a company that owns or controls production in more than one nation.

Detailed explanation-2: -Answer: The MNCs control production in more than one nation by setting up offices and factories for production in the regions where labor and resources are cheaper.

Detailed explanation-3: -A multinational enterprise, abbreviated as MNE and sometimes also called multinational corporation (MNC), just multinational or international corporation, is an enterprise producing goods or delivering services in more than one country.

Detailed explanation-4: -A multinational corporation is a company that does business in a select few countries around the world and operates facilities such as warehouses or distribution centres in at least one foreign country. Although the company does business in other countries, its primary focus is the domestic market.